Chinese Economics Thread

[ansy1968]

When the economy grows over 3% in Canada, that already is like boom times.

China is still booming, but not as crazy as before. At 5%-6% growth, at that size where China is at now in their economic size and growth rate, this is the world's biggest booming economy by far.

In a boom, you're just to busy trying to manage things keep it under control.

What some foreigner wants, is of little importance, because the boom is the important crap.

There seems to be an endless parade of European figures arriving in China for talks.

The problem with these people is that they are schizophrenic. China cannot do anything for them, because they do not know what they want.

Bro a gate crasher or a Party pooper? Which is which.... Lol

 

[horse]

Bro a gate crasher or a Party pooper? Which is which.... Lol

Ursula von der Leyen is probably both. It is one of those two for one kind of deals.

Yeah brother ansy1968, you know what I mean. That Borrell dude won't allow her to shit in the garden, so von der Leyen runs abroad, going around shitting everywhere else. Too bad, the flowers could use some fertilizer.

So she runs around everywhere, thinking she is in the jungle, shitting anywhere she pleases. Sort of like what Adam and Eve used to do, according to legend.

von der Layen is coming to China uninvited, to shit basically. That two for one deal. That is her nature, and when nature calls, when we got to go, we gotta go.

She is not shy about it. Doesn't von means Eve in her dialect?

 

[Michael90]

Missed the point. Misbehaviour must be met with punishment. All these are initiated by Australia joining in the US-led witch hunt to kill off Huawei( both by playing the supply(chips and design) and demand side(threatening nations to drop)), then it slowly expand to the overall tech sectors and the relevant academia. More tariffs should be put in place till Australian politicians effective crack under sheer pressure and drop the baseless ban on Huawei network/RAN gears, lift restriction of academic exchanges, gave up of pact like AUKUS and drop playing up the issues on taiwan, hk, tibet. After which China shall demand compensation in form of equalising fee, only after that both nations will be on equal ground and relation can start anew base on what both can offer to one another.

CCP is smarter than that. They know that won't solve the problem. So they won't adopt such measures.

 

[Overbom]

CHINA imported $2.7 trillion worth of goods in 2022. Only 4 countries in the world even have a larger GDP than $2.7 trillion. China imports more than the entire GDP. will be the worlds largest consumer market the world has ever seen. Imports are set to skyrocket as the country
Dan Collins (@DanCollins2011)

https://twitter.com/i/web/status/1642657458660290562

Increased imports from Global south: Good.
Increased imports from the American Empire: Bad.

No lifeline should be thrown to them, let them sink

 

[abenomics12345]

1. SMIC - really the only option for semiconductor foundry and in the Chinese market they look like the champion by default for better or worse.
2. Naura - semiconductor equipment. They seem more diversified across offerings then other peers like AMAT and I like that in company. I would also pick AMEC but they are more specialized.
3. Legend Biotech - @abenomics12345 would love to hear your thoughts, but they seem like one of the few leading edge Chinese biotechs that are actually pushing novel therapy and not just piggybacking.
4. CATL - forefront of electrification
5. Tencent - their game portfolio is diverse and strong across multiple platforms, whatever you may think of the quality lol.

I think you've identified some legitimate businesses. IIRC Siltacel from Legend/JNJ is the real deal.

However, investing in general is not just about the business quality and their economic significance, but more so their ability to retain value for shareholders and whether said value is appropriately priced in the current stock price.

Any top 5 companies to invest in China list without Moutai needs to be reconsidered.

 

[Deleted member 24525]

indigenous 300MW F-Class heavy duty gas turbine has completed, prototype being manufactured and will come online by early next year.

China basically completed localization of E and F class heavy duty gas turbines.

now the real deal. H-Class turbine-

the conceptual design and hot-end three major components of 400MW H-Class heavy duty gas turbine completed. compressor and high temperature components bench test has started.

Where did you read about the 300mw prototype?

 

[Lethe]

But that's always been the case, no? China's trade surplus with the US, AUS, EU has only increased since 2019. That means China depends on the West less while the West depends on China more.

China

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a trade surplus with Australia.

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In February 2023, China exported $4.77B and imported $12.5B from Australia, resulting in a negative trade balance of $7.74B. Between February 2022 and February 2023 the exports of China have decreased by $-231M (-4.61%) from $5B to $4.77B, while imports increased by $2.43B (24.1%) from $10.1B to $12.5B.

 

[Sincho]

Where did you read about the 300mw prototype?

 

[GZDRefugee]

China

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a trade surplus with Australia.

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Does AUS offset the surplus with the US and EU? I didn't expect the imports from AUS to increase despite the boycott.

 

[CMP]

China

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a trade surplus with Australia.

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Trade In February 2023, the top exports of China to Australia were

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($380M),

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($255M),

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($201M),

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($160M), and

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($156M). In February 2023 the top imports of China from Australia were

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($6.85B),

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($2.46B),

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($899M),

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($312M), and

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($257M).

Australia the resource appendage.